Reminder: These charts come to us compliments of independent economist Fritz Meyer, a seasoned economic and markets analyst whose insights appear regularly on CNBC, Bloomberg TV and the Fox Business Network. Here is what Fritz has to say about trade deficits:

… A trade deficit isn’t a debt that must be repaid. It is often a sign of economic prosperity.

… It means the purchasing power of the currency is strong, and consumers are rich and optimistic enough to spend.

With first-hand experience as a corporate executive, small-business owner and stay-at-home parent, Sheri is like a Swiss Army Knife: Her varied background has equipped her to help individuals and families cut through an array of financial complexities standing in the way of their most fulfilling lives.